CRDO Options Chain Analysis

As of previous close (2026-09-11) · OPRA historical data

Spot $161.76 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.93

153k P / 165k C

Put/Call (Volume)

0.59

11k P / 19k C that session

30d ATM IV

70%

annualized implied move

Call wall

$200

14k contracts

Put wall

$150

14k contracts

Tail hedging

0.5×

deep-OTM puts vs calls

What the positioning says

●Call wall at $200 (14k contracts), 24% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $150 (14k contracts), 7% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 70% — the market prices very large moves; option premium is expensive.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-10-09. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-09-18	33k	23k	0.69	11k
2026-09-25	6k	6k	0.97	2k
2026-10-02	3k	6k	1.87	640
2026-10-09	2k	4k	1.92	580
2026-10-16	15k	17k	1.13	2k
2026-10-23	451	1k	2.28	236
2026-10-30	44	61	1.39	119
2026-11-20	21k	17k	0.82	2k
2026-12-18	7k	9k	1.38	559
2027-01-15	33k	28k	0.85	927
2027-02-19	2k	3k	1.41	153
2027-03-19	4k	8k	1.78	158
2027-06-17	3k	5k	1.93	1k
2027-07-16	2k	8k	3.35	172
2027-10-15	2k	875	0.57	99
2028-01-21	12k	7k	0.64	285

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.